According to Jeff Yastine it is always possible to tell when bureaucrats become involved in an industry. A Chief Compliance Officer is required for every company, and lieutenants make up an entire department to comply with the newest diktat. Whether the added rules make the situation worse or better is a debate. One thing not debatable is the additional rules drag the prices of a company’s stock and increase costs. The exception is regulatory technology or regtech. Regtech is employing tools such as blockchain technology, artificial intelligence or advanced software to pursue the decrease of regulatory costs.
Eighty companies were identified as emerging regtechs last year by Bain & Co. Their names are unfamiliar, and most are still close to the startup stage. These companies are destined to show substantial growth according to bloomberg.com. Global banks spend roughly $70 billion in ensuring compliance with the jurisdictions and rules in business. In the next three-years, the figure is expected to increase to $120 billion. It can take over two-years and ten million to fulfill regulations with computer systems. A regtech specialist can accomplish the same thing for $300,000 in three months. In Europe, the estimation for banks to comply with EU’s financial regulations costs more than $1 billion.
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The regulators have noticed the regtech companies, and brought them into their ecosystem. The Bank of England is the monetary authority for Singapore, and along with the Office of the Comptroller, or the OCC, have made propositions regarding regtech companies. The OCC proposed last year some regtech companies can provide federal pre-emption due to their access to the national bank charter according to linkedin.com. Attention should be given to these companies regarding investment considerations since they have already been given a seat at the proverbial table.
Jeff Yastine currently works for the Total Wealth Insider as their editor. His career with Banyan Hill Publishing began in 2015 as the editorial director. He brought over twenty years of experience to the company due to his work as a financial journalist and an investor in the stock market. He helps investors grasp business monetary and economic trends with his contributions to the Winning Investor Daily, and the Sovereign Investor Daily each week.
Find more about Jeff Yastine: https://jeffyastineguru.com/
A new mobile application, “Davos CAP Calculator” has been announced by Davos Real Estate Group, headed by David Osio. With the application clients have the ability to estimate the return on real estate investments they may be considering.
Davos Real Estate Group is an independent company that, in conjunction with other companies makes up Davos Financial Group. Davos Financial Group is a frontrunner in the Latin American market with its presentation of sound financial advice to clients. Its goal is to assist clients with innovative investment strategies and high quality products. They offer first rate service combined with professionalism and experience.
Gerard Gonzalez, Executive Director of Davos REG, teamed up with Tecknolution on the development of the application. The application takes into account expenses of the property and calculates gains.
The application is available for use on both iPhone and Android devices. The launch of the application signals the first of a series of additional applications that will complement the initial one. Future applications will allow clients to find properties and send relevant historical reports to a Davos agent through the use of interactive chats.
David Osio commented that the new application was in keeping with the company’s objectives to assist clients who seek to invest in United States real estate.
One feature of the new applications will be a “Mortgage Calculator.” Clients will be able to estate their mortgage based on different factors, including the bank’s projections, time of the funding and interest rates.
In addition to developing the “Davos CAP Calculator” the Davos Real Estate Group has been connecting with real estate agents in other countries. They are looking to expand services to Europe and are focusing on Spain to begin with. They have also added to their sales force significantly in 2016.
As CEO and founder of Davos Financial Group, David Osio has helped the companies he oversees to grow and expand. Through his leadership and dedication he has brought increased income to Davos Financial Group as well as bringing it to the international market. Osio has worked hard to see that his financial firm meets the needs of every client by offering them high quality individualized service.
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The best thing you can ever give any start- up individual on any particular field is information, motivation and inspiration. This is what great entrepreneurs offer given the portfolio that Entrepreneurial Podcast Network’s Enterprise Radio has offered them. In a recent interview, Autism Rocks and Solo Capital Founder Sanjay Shah shares with Radio host Eric Dye on her entrepreneurial success.
He is a philanthropist and a great entrepreneur. He is an addict, addicted to pursuing opportunities in areas of entrepreneurship, accounting and philanthropy. He owns other companies in The British Virgin Islands, Dubai, Malta, and the Cayman Islands and in Luxembourg.
However, he did not begin his career in the financial and investment industry. His journey started with studying medicine from where he shifted into accounting; working with numerous investment banks amongst which are Morgan Stanley, Merrill Lynch and Credit Suisse, after which he started his own brokerage firm- Solo Capital. He is also a trustee with Autism Research Trust that offers contributions to Cambridge University’s Autism Research Centre where he is entrusted with the docket of Director.
Humanity matters because it transcends what we choose to do and highlights what we ineluctably are. Shah chooses responsibility and service to humanity and he believes that there is nothing as satisfying as giving all to the service of mankind.
Autism Rocks is a charity organisation from where autism research gets its funding. The funding is also meant to create and develop awareness for the life- changing neurological disorder. Researchers are opening more doors to understanding the disorder. The creation of this organisation was however inspired by the realization that Shah’s child was diagnosed with the neurological condition. Coupled with his belief that everybody deserves access to better healthcare, this great organisation was born.
Solo capital came prior to the founding of Autism Rocks. It is a brokerage company based in London, England and is regulated in the United Kingdom. It is an active organisation with currently three directors. The company specialises in professional sport investments, consulting and in proprietary trading. It is controlled by Solo Group Holdings. It is therefore a financial services company.